Teradata (NYSE:TDC) Downgraded by StockNews.com

Teradata (NYSE:TDC) was downgraded by research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued on Friday.

A number of other research analysts have also issued reports on TDC. Bank of America lowered shares of Teradata from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $58.00 to $48.00 in a research note on Tuesday, February 13th. Citigroup upped their target price on shares of Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, February 12th. Royal Bank of Canada lowered their target price on shares of Teradata from $59.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 13th. Morgan Stanley lowered shares of Teradata from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $74.00 to $48.00 in a research report on Tuesday, February 13th. Finally, JMP Securities restated a “market outperform” rating and set a $72.00 target price on shares of Teradata in a research report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.30.

Teradata Trading Down 0.7 %

Shares of Teradata stock opened at $37.49 on Friday. Teradata has a 52-week low of $36.72 and a 52-week high of $57.73. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 4.02. The company’s 50-day simple moving average is $39.52 and its 200-day simple moving average is $43.27. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 61.46, a price-to-earnings-growth ratio of 1.68 and a beta of 0.95.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, February 12th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.05. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The business had revenue of $457.00 million for the quarter, compared to analyst estimates of $455.84 million. During the same period in the previous year, the business posted $0.05 earnings per share. The business’s revenue was up 1.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Teradata will post 1.27 earnings per share for the current year.

Insider Buying and Selling at Teradata

In other Teradata news, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $37.45, for a total value of $364,875.35. Following the sale, the insider now owns 156,704 shares of the company’s stock, valued at $5,868,564.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Kathleen R. Cullen-Cote sold 26,275 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $37.57, for a total transaction of $987,151.75. Following the transaction, the insider now owns 127,595 shares of the company’s stock, valued at $4,793,744.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hillary Ashton sold 9,743 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $37.45, for a total transaction of $364,875.35. Following the transaction, the insider now directly owns 156,704 shares in the company, valued at approximately $5,868,564.80. The disclosure for this sale can be found here. Insiders have sold 76,615 shares of company stock valued at $2,903,644 over the last quarter. Corporate insiders own 0.86% of the company’s stock.

Hedge Funds Weigh In On Teradata

Several institutional investors and hedge funds have recently modified their holdings of the company. Orion Portfolio Solutions LLC lifted its stake in shares of Teradata by 3.5% during the third quarter. Orion Portfolio Solutions LLC now owns 7,583 shares of the technology company’s stock valued at $341,000 after buying an additional 259 shares during the period. Fifth Third Bancorp raised its stake in Teradata by 6.8% during the third quarter. Fifth Third Bancorp now owns 4,336 shares of the technology company’s stock worth $195,000 after purchasing an additional 276 shares during the period. HB Wealth Management LLC raised its stake in Teradata by 4.5% during the fourth quarter. HB Wealth Management LLC now owns 6,488 shares of the technology company’s stock worth $282,000 after purchasing an additional 280 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Teradata by 3.4% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 9,169 shares of the technology company’s stock worth $399,000 after purchasing an additional 305 shares during the period. Finally, Creative Planning raised its stake in Teradata by 2.5% during the third quarter. Creative Planning now owns 12,347 shares of the technology company’s stock worth $556,000 after purchasing an additional 307 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Company Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.